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Those PRs are in reference to the sales on the website kits4less. Fles is trying to move away Fromm ebay and Amazon and make all their sales on their website. Ebay and Amazon are charging over 12-15% in fees, so it makes sense to have all the buyers purchase from Fles website.
The lady that responded sounded like she really really wanted to tell me something about the 10k, but when she did she would just go quiet for a few seconds and ignore it.
Didn’t even think about the 10q. I guess were so focused on the 10k, that the 10q is irrelevant in the moment. You
They want to report the 10k first. Then have PRs come after that help correlate with what is reported on the 10k, such as debt, sales, partnerships, etc. The 10k will come first than everything will come after. Until the 10k is filed we won’t hear much IMO.
He just said it’s still held up with Frucii. I called Frucii and they said they are still working on it and give a date as to when it will be completed because it is confidential. The 10k is not done yet. All these conspiracy theories are absolutely ridiculous to say the least.
Spoke with Frucii, spoke with Tim, the 10k is still being worked on. Tim took on debt in return for notes. Tim is not sitting there and diluting, it is the noteholders. It appears as if they may be done dumping shares. This is not a scam and it is bound for a rebound.
Dilution has not yet started. Wait till around 11:30. At that time we will see how low this can go. Same thing happened last week and we went from .05—>.09 just to finish the day at .05. This is no exception, although news may be closer than ever. Will be waiting for this to hit the bottom, but must be careful to not get left behind with news soon to be released.
The average daily rate of dilution at .09 was 200k shares. We are at .03 and the average daily rate of dilution is 200k shares. If Tim wanted this subpenny he would speed up the dilution rate to the millions. The fact of the matter is while many are saying dilution is going to kill this stock, it is so fractional that it will take 10 weeks before we are at 20 million shares. If you don't think Fles will file the 10k within 10 weeks, then I think there are problems. But even at 20 million shares, this is due for a huge bounce. We are most likely sitting at 8.6M O/S. It will take another 2 weeks before we cross to 10M.
You seem like you have a plan, and I don't doubt your intention. I just question if there really is anything fraudulent going on, or is what the execs of Fles say true
I love it. The same exact crap happened with DCTH! The company was pumped very nicely and diluted until everyone walked away with 99.99% of their investment gone, including myself! Everyone kept saying they were going to sue, mind you this was 2 years ago, and law firms even announced that if anyone wanted to sue they could join the class action, the only problem is you had to lose in excess of 100k. Needless to say, there was never any lawsuit filed and all the ones who bitched and moaned ended up walking away. You talk a good game, but good luck proving anything.
https://www.facebook.com/photo.php?fbid=2498726266827573&set=a.729140323786185&type=3&theater
Look at Old Timmy with all of his sisters and mom. What an innocent guy!
The 10k hasn't been finalized yet. People pulling all these conspiracy theories. While the continued silence and dilution is not cool, once everything is released it will all make sense, and all you people that complain about your 95% loss will miss the opportunity to average down and walk away with a profit. This isn't a failed biotech company that just failed a phase 2 trial and has no more cash to operate. This is a company with growing revenues and a soon to be profit. This will bounce back hard.
Tim's number is 972-489-6300. This is his personal number. He will see your call. If it doesn't go through it's because he denied it. He will answer one of your calls. Don't stop until he answers, he is fully accountable for the loss of our money. Don't be ashamed to ring him up and let loose.
You went from big bull to big bear. While I think it is risky investing at these prices, it will always be a gamble. The true winner will be the one who buys at the very bottom before news hits. At this point, the 10k is feeling very close to being released. I give it till the end of next week. If you think otherwise then wait to buy in at a price that you feel will be worth it when you feel the 10k gets dropped. I think a good entry is anything below .03. This keeps dropping e v e r y s i n g l e d a y. Why are people adding at these prices? It’s not the bottom. I’m a bull, because I’m looking at the bright side of this situation. Many of you dumped so much money st the height of this investment and don’t have the funds to average down to make it out even. Unlike the rest, I saved a lot of funds to be able to buy at these prices. There is no rush. I will sit here every single day and watch the level 2 until the 10k is released. If it goes below a penny I’ll be ready. I won’t make the mistake that I did at .09 and dump a lot of money in thinking it was the bottom.
Now that would be funny if the IR liked the tweet on his account. Although I am not too sure if Tim would trust someone with handling his personal social media, on top of this occurring on a Sunday in which the IR is definitely not working on a Sunday. It's the real Timothy Armes. Now that we know he checks Twitter, why doesn't everybody send a tweet to Tim about the frustration you feel and maybe make it a bit funny so he may respond.
Holy shi*. The man, the myth, the legend Timothy Armes liked the tweet. That is him. I am shocked, to say the least. That means he has most likely seen every single tweet he has been tagged in. This could be good news if you ask me. He is definitely seeing the frustration of the shareholders first hand.
So you are telling me if FLES becomes the Amazon of the aftermarket car parts the pps won't reflect because "business doesn't matter". I love it.
People are acting as if this is a Bio stock that just failed a trial or denied FDA approval and is filing chapter 11 because they have no capital to continue operating. This is a growing business with growing revenues, growing partnerships, growing locations, and a growing following. I can't forsee 4Less filing for bankruptcy any time soon, especially when they have all these new partners, and more importantly disposable income is at an all time high where people can afford to pay thousands for aftermarket upgrades to their vehicles. More and more consumers are being drawn to the modified car market. Just go on a drive and see how many cars you see that have been modified in one way or another. These aren't cheap modifications :)
Chris knows how to build his business. This is why I have no fear of investing at these prices. While dilution is indeed a problem and could drag this lower, it doesn't mean this company is a shell. They have strategic partnerships with outstanding organizations and maintain a very appealing website as well as hold expensive products. While Chris may not know too much about the market, he is growing the business, and the numbers don't lie. There will be a point where we will really see this true potential. Whether it be this week or next month, the true winners are the ones with patience and capital to add at any given moment. If you don't have either, then it is best to just walk away. As stated before, find a price you feel comfortable with and don't hesitate. It would take some SERIOUS dilution to bring this to extremely low levels and we are just not there nor do I think we will reach that point. Dilution has slowed down and we are coming close to the 10k. Patience is all I can say. Some here, including myself, have been burned bad, but I am going to take an approach that will minimize my loss and walk away with a profit. Some may not see the light, but I do. Best of luck trading to all, and know what you are invested in. High-end products, quality partnerships, outstanding website and warehouses, huge catalysts to come.
Even with 10M shares we are sitting at $400K MC. There are OTC companies with 9M revenue valued at $33M MC. We should be in the millions MC not thousands. Once the news is released this will catapult to where it belongs. This moved from .05 to .10 in a matter of minutes. While some may say dilution is bringing this down, it is just lack of confidence. This went from .40 to 2 in a day with less than $30k in volume. I have no doubt in my mind this can go from $.04 to $.50 in a couple of trading days on low volume. Yes, there is dilution, no one is ignoring it. Is it as bad as some make it out to be? No. At most 200k per day. That's why we are speaking conservatively with 10M O/S because that it is what we will most likely be at upon the 10k release. If you are selling now, you are losing. Be the one buying. While the 10k may not be released this week, keep looking out and buy at a price range you feel comfortable with. I am personally looking for .03. It would have to take well over 40M O/S to make this a buy at .01, and the fact of the matter is that we are nowhere near that, and with this current dilution rate, it will take well over 150 trading days. Stay woke people, the bottom is nearing.
They were close to breaking even in 2017. I wouldn't be surprised if they broke even for 2018 and made a little bit of profit.
"4Less established www.LiftKits4Less.com approximately 3 years ago. In 2015, their first year of operations, Liftkits had revenues of $2.4M which they grew by 280% to $6.8M in 2017 and was close to break even. For 2018 they are on track to surpass revenues of 9 million dollars."
https://markets.businessinsider.com/news/stocks/medcareers-group-inc-signs-binding-agreement-with-the-4-less-corp-1027167352
We are currently sitting at a market cap most likely less than $400,000. With only $1M debt in 2018, FLES has sold enough shares to cover almost double that.
They may be profitable on this 10k for 2018. If all this extra dilution isn't to pay the salaries of Tim and Chris, then it is most likely going towards the expansion of the business to create even more partnerships and bring in greater revenues. 2018, more than $9M expected. We shouldn't be sitting down here. Even at .04 we only get 400k volume. At .10 we were getting 400k volume. Safe to say dilution is slowing down, and at this point, it most likely panic sellers and manipulation. Continue to add if this gets cheaper, for when the 10K drops this will go higher and more investors will be made aware of the potential with FLES.
He probably means uploaded to Edgar in compliance with the SEC for all the investors to see.
You got it! :)
When I spoke with Chris, I asked him for Timothy Armes' number. This is the one he provided me 972-489-6300. Call until he answers(he doesn't answer much). This is his real number. I called him all this week, no answer. Today I called him and I got him to pick up but then he hung up without saying a single word.
The 10K is simply not done yet. Fruci is in no rush to finish it. I wouldn't doubt that the second they finish the 10k, Fles will present it to the shareholders. What is hurting is if Tim is continuing to dilute at these levels knowing that bashers and manipulators will only push this further down due to their being no news. If Tim stopped diluting, then now would be a good time to buy, but I also said that at .09 2 weeks ago. The 10k will drop, and the MC of Fles will match the revenue plus some. I guess just patience. Maybe next week? The end of July? Hopefully before no bid.
Just finished a very productive conversation with Chris. It appears as if there will be no news release or update coming out together. One of the mods had previously stated that there will be a pr today, but after speaking with Chris he said he will try to get things figured out by Tuesday. The hold up is still Frucii. They still haven’t finished the 10k. Although I did not get a specific number, it seems as if the numbers are going to surpass last years revenue. When I talked to him about the stock price and the dilution, he said that there are people, mostly on this board, who are making crazy assumptions for their own gain. He also stated that there are people who are winning when the stock price goes down. By all means, it appears as if he doesn’t really care about the share price. Tim is the CEO, so the dilution and lack of updates is on his part, Chris is focusing on building 4less and making greater revenue or more profit. He also stated that they are “all” hoping something comes out soon from frucii and that they can’t pressure them to get it done within a deadline because that will violate rules. Bottom line is: 10k is still in the hands of Frucii, 4less is continuing to grow and make new partnerships, and the stock is mainly controlled by Tim. Chris hinted that there is good news, but as stated before, whether it comes out today or 2 months from now it doesn’t really bother him.
That is some astounding due diligence. Hats off to you!
What is the phone number of both Chris Davenport and Tim Armes? Thank you.
If Fles can maintain an O/S less than 6M than we are in a good position. At this point, Fles is very undervalued, dilution seems to stop, and major catalysts are on the way. These are the characteristics that every trader should check for before investing in any penny stock, and it appears as if Fles checks out for all of them.
Honestly, flipping this past week was almost impossible. There was a big hidden wall at .09. Anyone that got .082 or .085 and tried to sell at .10+ was not able to because no one is buying at that price when .09 was there all week.
Josh, depending on the current O/S of Fles, reaching prior levels of $1 and even more is attainable. If there are less than 7M 0/S and Fles brings in $8M+ for the year, that should let alone put the sp over $1. If we get a few catalysts, such as who the big investor is or any new partnerships, this could go even further than $1. A lot of what makes a sp is the market's reaction. If the news becomes desirable to buyers than people will want in and that, in some cases, can drive the price higher than it really should be. Same goes for the other way around. In other words, $.80 is definitely possible and could easily be surpassed with both the right timing and the right news.
Dan, I, along with other shareholders, share your frustration. Many times we have been let down by Tim and his promises to deliver. It seems as if you have been in Fles/MCGI for quite some time, and you have obviously seen the ship sink. This week, and those coming soon after, will hopefully bring change. With .09 creating the new "bottom" for FLES over the past week, it appears that dilution is now stagnant and may be done. While Tim's wording for time is very ambiguous, one can only assume that "shortly" means this week at the latest. Let us not bring back the past, for we should be preparing for the future. Whether it be adding more shares at these prices to average down or holding with what you have, let us hope that this week brings change for the better for all of the shareholders of Fles.
How much do you guys see Trevena being worth after approval of Oliceridine in mid-2020?
LAHO isn't going to make move for the next couple of months. The MA closes anywhere between 3 months from last week. In the meantime, they are going to dilute shares and lower the sp. Fles will most likely make a move before LAHO, so if you time it right, you can take your Fles gains and then put into LAHO for double the reward within a relatively short period of time.
Need to see them gains before July 15 when NLST goes to trial. Time is running thing. Give it 3 weeks to make massive gains.
$5+ was when there was 1.4M O/S with 8M revenue, it wouldn't be hard to justify Fles with that market cap or that price. Now that we are more than likely tripled that O/S, $1.66+ would be equivalent to that statement a month ago.
EOM is next week. I think most of us are more than ready to purchase shares less than .09. It's not like there is a problem.
The bottom is near. I think we may have hit the bottom. Now is the time to load the boat. I don't know what Timmy's definition of "shortly" is, but maybe we can expect "something" this week. In the end, it's a gamble. The entire stock market is a gamble. Making money doesn't come so easy. The bigger the pain the bigger gain. We have suffered a lot, time to make some money. Here's to a positive week coming up!
I'd hold strong. Hopefully, we can surpass $1 and touch $2 or $3.